Five Star Foodstuff Company acquires Owensboro-dependent corporation
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OWENSBORO, Ky (WEHT) An Owensboro-centered company is under new ownership. 5 Star Meals Assistance, based mostly in Tennessee, is having over Canteen Provider Organization. The arrangement was finalized last thirty day period.
Canteen, formerly owned by Jack Wells, who handed absent very last August, is a franchise team produced up of 4 providers. 5 Star was already the major Canteen franchise, producing the acquisition a transformative offer.
Five Star president and CEO Richard Kennedy states it allows them grow further into Kentucky, as effectively as western Ohio and southern Indiana. Executives with the organization mentioned the latest personnel with the Canteen Service Company of Owensboro will retain their positions.
Both equally corporations also declared the commence of the Jack T. Wells Charitable Have faith in, which will donate dollars to Daviess County charities. Mike Simpson and Eugene Hargis will serve as Co-Trustees. They say they will have information and facts on how to apply for grants in the coming months.
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(This tale was at first revealed on January 5, 2021)
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